Author: Sakshi Singh

Sponge iron prices in India rose in the range of INR 50-500/tonne (t) across markets today. Pellet-based sponge iron (PDRI) prices were assessed at INR 23,800-26,000/t at close of trading today, while iron ore lump-based material (CDRI) stood at INR 25,700-30,400/t. Prices of sponge iron moved up on Thursday, but because of constant price hikes…